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S&P/TSX composite up almost 300 points, U.S. stock markets also post gains

TORONTO — Canada's main stock index rose almost 300 points Tuesday on strength in energy, financials and base metals, while U.S. stock markets also climbed. The S&P/TSX composite index closed up 297.12 points at 24,305.98.
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Specialist James Denaro, right, and trader Dylan Halvorsan, center, work on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

TORONTO — Canada's main stock index rose almost 300 points Tuesday on strength in energy, financials and base metals, while U.S. stock markets also climbed.

The S&P/TSX composite index closed up 297.12 points at 24,305.98.

In New York, the Dow Jones industrial average was up 1,016.57 points at 39,186.98. The S&P 500 index was up 129.56 points at 5,287.76, while the Nasdaq composite was up 429.52 points at 16,300.42.

The Canadian dollar traded for 72.32 cents US compared with 72.36 cents US on Monday.

The June crude oil contract was up US$1.26 at US$63.67 per barrel and the May natural gas contract was down a penny at US$3.01 per mmBTU.

The June gold contract was down US$5.90 at US$3,419.40 an ounce and the May copper contract was up 15 cents at US$4.88 a pound.

This report by The Canadian Press was first published April 22, 2025.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press